Head of Risk

About Squads

Squads is a financial technology company building products and APIs for the stablecoin economy. We build on open infrastructure, global money and internet capital markets to deliver better financial services to every business, individual and developer.

Our Products

• Squads Multisig: The premier multisig platform for Solana.

• Altitude: A global business account to save, earn and move money.

• Fuse: A personal finance app for stablecoins and tokenized assets.

These three products are powered by our stablecoin infrastructure and developer platform: Grid.

Our investors include Haun Ventures, Multicoin Capital, Electric Capital, Coinbase Ventures and others.

About the Role

We’re looking for a Head of Risk to establish how Squads detects, measures, and manages risk — starting with fraud prevention and expanding into broader operational, counterparty, and market risk as we grow.

What you will be doing

1. Build the First Line of Defense

• Design and implement fraud detection and prevention processes across the product

• Develop and operationalize a risk scoring system for users, wallets, and organizations — based on behavior, metadata, and on-chain signals

• Work with engineering to embed automated checks and controls directly into the platform.

• Establish risk ownership across teams — define clear accountability, escalation paths, and reporting

2. Develop Core Risk Frameworks

• Identify and assess key operational, counterparty, and fraud risks

• Create right-sized risk policies and playbooks that fit a startup, not a bank

• Define and track key risk indicators (KRIs) to detect emerging issues early

• Lead incident response and root cause analysis for major risk events

3. Collaborate Cross-Functionally

• Partner with product, data, and compliance to make risk management part of everyday decisions

• Turn technical data into clear insights and priorities for leadership

• Build a pragmatic risk culture — disciplined but never bureaucratic

4. Expand the Risk Program Over Time

• Extend the framework to cover counterparty, market and other risks as we scale

• Define risk appetite and tolerance levels aligned with company goals

• Prepare Squads for future audits, partnerships, and regulatory readiness

Qualifications

• 5+ years in risk, fraud, or compliance — ideally in fintech, crypto, or financial services

• Experience building or scaling risk systems from scratch

• Strong analytical and technical fluency — comfortable working with engineers and data pipelines

• Understanding of crypto transactions, wallet behavior, and blockchain risk tooling

• Excellent judgment, communication, and ability to influence across teams

• A bias for action — you’re not here to write policies no one reads

Why Squads

• Build the future of open finance. You’ll help accelerate adoption of stablecoin‑powered solutions at a time when finance is shifting to programmable, borderless rails

• Broaden your impact. Drive alignment, innovation, and results across teams and initiatives.

• Modern tools and culture. Operate with high agency in a mission‑driven team that ships relentlessly and values craftsmanship.

• Mission Focus. We don’t hire people that need to be managed, we hire people that want to be led

Benefits

• We’re offering competitive and generous compensation, with meaningful equity and upside.

• Unlimited, flexible PTO

• Flexible work schedule

• Company laptop and allowance for any necessary home equipment

• Two company-paid off-sites per year

Our Values

• Kindness Matters. We show kindness and respect to all users, customers, and team members in every interaction (internal and external). Being kind compounds and strengthens our relationships.

• Craftsmanship Excellence. We deeply care about the quality of everything we create. Every contribution, regardless of size, must meet our high standards for excellence.

• Radical Transparency. We communicate openly and honestly with each other. Respectful candor is valued over comfortable silence, as we can’t afford to miss insights due to fear of speaking up.

• Bias for Action. We believe action produces information. At no more than 20% completion of a project we must have a working prototype to test and iterate on.

• Speed with Purpose. We move with urgency and focus. Slow and expensive usually go together. Good, fast, and cheap outcomes are perfectly achievable through disciplined execution.

• Professional Integrity. We never speak negatively about competitors, partners, vendors, or others. Such behavior reflects insecurity and provides no value.

• Creative Problem-Solving. We value innovative thinking that challenges conventions. The best solution aligns with the task at hand, not necessarily with how things have always been done.

• Team Over Ego. We share both successes and failures collectively. No individual’s ego should surpass our commitment to the product and its impact.

• Results Over Hierarchy. We do not care about titles in this company. No politics, no hierarchy. All we care about is winning together.

• Conviction Over Reaction. We don’t chase noise or trends. We move with purpose, grounded in our own plan and belief in what we’re building.

If you’re excited to help businesses access modern money rails and believe that stablecoins will democratize finance, we’d love to talk. Reach out to us.